Most Lyft customers can import their information from Lyft. Use these instructions if you prefer to enter them yourself.
Things are a little different when you rent a vehicle instead of driving your own. You can only claim a mileage deduction for a vehicle you own or lease. The Lyft Express Drive program is a short-term rental agreement, so the miles you drove don’t qualify for the mileage deduction. However, you can deduct some or all of your Express Drive Rental fees and any gas you purchased to drive your rental for Lyft.
You’ll need to calculate:
- Your Express Drive Rental fees amount (found in the Lyft Tax Summary)
- Your gas expense for your rented vehicle
Once you've made these calculations, you can follow these instructions for entering your Lyft driving expenses in TurboTax.